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    <title>1969 (1) TMI 70 - Supreme Court</title>
    <link>https://www.taxtmi.com/caselaws?id=168498</link>
    <description>Permanent acquisition of property under a town-planning scheme is not protected by the public-health and danger-prevention exception merely because the scheme promotes sanitation or improved living conditions. Statutory vesting, extinguishment of original rights, allotment of reconstituted plots, and monetary adjustment may nevertheless constitute a valid compensatory scheme where compensation principles are specified. Market value fixed at the statutory reference date is a valid compensation principle, and, after the Fourth Amendment, the adequacy of compensation is not justiciable. Uniform application of the vesting and compensation mechanism to all land within a scheme does not violate equality guarantees where the classification rationally serves planned development. The impugned provisions were constitutionally upheld.</description>
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    <pubDate>Mon, 13 Jan 1969 00:00:00 +0530</pubDate>
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      <title>1969 (1) TMI 70 - Supreme Court</title>
      <link>https://www.taxtmi.com/caselaws?id=168498</link>
      <description>Permanent acquisition of property under a town-planning scheme is not protected by the public-health and danger-prevention exception merely because the scheme promotes sanitation or improved living conditions. Statutory vesting, extinguishment of original rights, allotment of reconstituted plots, and monetary adjustment may nevertheless constitute a valid compensatory scheme where compensation principles are specified. Market value fixed at the statutory reference date is a valid compensation principle, and, after the Fourth Amendment, the adequacy of compensation is not justiciable. Uniform application of the vesting and compensation mechanism to all land within a scheme does not violate equality guarantees where the classification rationally serves planned development. The impugned provisions were constitutionally upheld.</description>
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      <pubDate>Mon, 13 Jan 1969 00:00:00 +0530</pubDate>
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